A company has recently advertised an issue of one million ordinary shares of 50 kobo and 65 kobo per share when the issue is fully paid the company will collect?

by | Jul 29 | Commerce WAEC | 0 comments

A. N65,000.00
B. N500,000.00
C. N650,000.00
D. N1,000,000.00
E. N65,000,000.00

Correct Answer:

Option C – N650,000.00